Export of man-made fibre yarns from India continued to grow unabated with export of 100 per cent man-made fibre yarns from India valuing $20.76 million in June this year, up 35.9 per cent on a year-on-year basis while volumes was 7.82 million kg, up 40.5 per cent as compared to the same month last year. The total volume comprised 2.93 million kg of polyester yarn, 3.81 million kg of viscose yarn and 1.07 million kg of acrylic yarn.

Exports of polyester yarn went up by 6.9 per cent in value while the value of exports of viscose yarn surged 108.3 per cent in June, this year. Exports of Acrylic yarn saw a drastic climb down of 24.7 per cent in June. Unit price realization was down US cents 14 a kg for polyester from a year ago and that of viscose yarn was down by US cent 1 a kg. Acrylic yarn unit price realization was down by US cents 70 a kg year on year basis.

It is interesting to note that polyester spun yarns were exported to 49 countries in June with total volumes at 2.93 million kg of which 23.2 per cent was shipped by Turkey alone. Twelve new destinations were found for polyester yarn this June. Among these Canada, Argentina, Uganda, Algeria and Russia were the major ones which imported. Turkey, Egypt and Indonesia were the fastest growing markets for polyester yarns while four countries did not import any polyester yarns during the month including Botswana and Nigeria.

Export of viscose yarn was at 3.81 million kg and was exported to 25 countries with Iran being the top buyer. It was followed by Belgium. Both these markets accounted for 45.7 per cent of the entire viscose yarn exported in June. Brazil, Egypt, Germany and Indonesia were the fastest growing markets for viscose yarns while Portugal, United Kingdom, Canada, China and Turkmenistan were the new major markets.

Pakistan, South Korea and Vietnam were the major countries that did not import any viscose yarns during the month among 7 countries.